Commission launches consultation on EU market risk rules for banks
The European Commission is consulting to refine the EU framework on market risk requirements for banks. The Fundamental Review of the Trading Book (FRTB) by Basel III aims for advanced risk measurement, aligning capital charges with real market risks. Implementation was delayed to January 2026 to match global jurisdictions. However, further international delays pose competitiveness concerns for EU banks. The Commission seeks feedback on three options: implementing FRTB from 2026, delaying to 2027, or temporary market risk amendments. Contributions are open until 22 April 2025. More information here.
Commission approves new Río Negro wine designation from Spain
The European Commission has recognized Río Negro wines from Guadalajara, Spain, as a Protected Designation of Origin (PDO). Known for their unique aromas and high acidity, these wines reflect the regions distinct environment and winemaking heritage. They join the list of 1,653 protected wine products. Details are in the eAmbrosia database.
€5 billion German aid scheme for decarbonization approved
The European Commission approved a €5 billion German scheme to decarbonize industrial processes under EU State aid rules. The scheme supports Germanys climate goals through Climate Protection Contracts, covering additional costs of new processes. The Commission found it aligns with EU competition policies. Press release available online.
Romanias CEC Bank recapitalization not State aid
The European Commission concluded that Romanias €200 million recapitalization of CEC Bank does not constitute State aid, as it aligns with market conditions and aims to enhance CECs efficiency and market share. Details are in the State aid register under case number SA.115898.
German support to DB Regio compatible with State aid rules
The Commission found compensation to DB Regio for regional rail services between 2002-2012 compatible with EU rules, ensuring no overcompensation occurred. More details are available under case number SA.18853.
Commission clears acquisition of Prosper Link International by Advent and Mubadala
The European Commission approved the acquisition of Prosper Link International by Advent and Mubadala, finding no competition concerns due to non-overlapping markets. More information is in the case register under case number M.11916.